The Hill Gets Stimulus Facts Wrong
One can understand why facts might be hard to come by while reporting on Vice President Joe Biden’s economic stimulus claims, but The Hill’s Michael O’Brien makes two easy errors in his June 2nd article. First he calls it the “$787 billion” stimulus bill. That was once true … nut not anyomore. According to revised accounting by the Congressional Budget Office released this January, because the stimulus failed to keep unemployment below 8% as promised, it will end up costing $862 billion thanks to increased food stamp and unemployment payments.
O’Brien’s second factual error comes three paragraphs later when … Continue Reading
Tags: economic stimulus, Joe Biden, Michael O'Brien, The Hill, unemployment